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Expand Consulting becomes a SWIFT Solutions Partner as it celebrates fifth anniversary with record 40% growth

London and New York: Expand Consulting LLP, a trusted advisor to CEOs, CIOs and their executive teams within global capital markets and wealth management, today announced it has achieved SWIFT Solutions Partner status as it celebrates a fifth year of business with record 40% year on year growth.

Increased global demand for Expand’s decision support services and intelligence solutions has contributed to this impressive revenue growth. New services introduced include the Streaming Intelligence programme for Global Foreign Exchange Trading Strategies.

A strategic objective of the last 12 months has been to develop Expand’s presence in Europe and North America. This has been achieved by a 25% expansion in worldwide staff and the launch of a New York office, which has already delivered significant new business revenue and client growth. Together with its headquarters in London, Expand is ideally positioned to service the growing decision support and market intelligence needs of global financial markets and wealth management firms.

Commenting on the financial results for year ending May 2006, Raza Hussain, Group Managing Partner said “Expand has a first class reputation as independent consultants who support the financial and vendor community to make critical business decisions. We established a New York office as part of long term growth plans, to meet increasing demand for our unique services and further build on the progress we are seeing in the North American marketplace. We are delighted with our achievements to date and look forward to delivering value to our clients as increasing pressures in global financial markets fuels the requirement for better decision making.”

Expand also announced that it has become a SWIFT Solutions Partner, Gary Gibbs. Managing Partner, Sales and Marketing speaking about this partnership said, “Expand continues to forge key partnerships in the financial markets. We will be working closely with SWIFT and its member firms to address the challenges arising from increased transaction volumes, continuing focus on compliance, and the centralisation and consolidation of operational and technology support across asset classes and lines of business. This relationship further demonstrates Expand’s strong commitment to the global financial markets utility services and the requirements in pre- and post-trade transaction management.”

Expand is a partnership of experienced and respected director-level industry professionals with extensive experience in both the financial markets and technology vendor communities. The team applies their industry expertise and knowledge to meet the unique requirements of the global capital markets and wealth management firms. In addition to research, consultancy and real-time/near-time decision-support services, Expand provides SmartForum, an exclusive community intelligence platform for senior executives at Tier one financial institutions to discuss and share common issues and collectively provide solutions to address such issues.